Amidst a backdrop of mixed performances in global markets, Japan’s stock market has shown resilience with the Nikkei 225 Index registering a slight gain. This stability makes it an opportune time to consider the merits of dividend stocks, which can offer investors potential income in addition to capital appreciation opportunities.
Here are the top 10 dividend stocks in Japan:
1. Yamato Kogyo (TSE:5444) – Dividend Yield: 3.93%, Dividend Rating: ★★★★★★
2. Business Brain Showa-Ota (TSE:9658) – Dividend Yield: 3.71%, Dividend Rating: ★★★★★★
3. Koei Tecmo Holdings (TSE:3635) – Dividend Yield: 3.70%, Dividend Rating: ★★★★★★
4. Globeride (TSE:7990) – Dividend Yield: 3.65%, Dividend Rating: ★★★★★★
5. HITO-Communications HoldingsInc (TSE:4433) – Dividend Yield: 3.65%, Dividend Rating: ★★★★★★
6. Ryoyu Systems (TSE:4685) – Dividend Yield: 3.46%, Dividend Rating: ★★★★★★
7. FALCO HOLDINGS (TSE:4671) – Dividend Yield: 6.74%, Dividend Rating: ★★★★★★
8. KurimotoLtd (TSE:5602) – Dividend Yield: 5.18%, Dividend Rating: ★★★★★★
9. GakkyushaLtd (TSE:9769) – Dividend Yield: 4.18%, Dividend Rating: ★★★★★★
10. Innotech (TSE:9880) – Dividend Yield: 4.08%, Dividend Rating: ★★★★★★
Among these, let’s take a closer look at a couple of picks from the screened companies:
1. J-Lease Co., Ltd. (TSE:7187) – Dividend Yield: 3.5%
– J-Lease Co., Ltd. operates primarily in the guarantor-related business and has shown stability in dividend payments despite fluctuations. The company forecasts modest growth, indicating potential stability ahead.
2. Hagiwara Electric Holdings Co., Ltd. (TSE:7467) – Dividend Yield: 4.2%
– Hagiwara Electric Holdings has a commitment to increasing dividends and its earnings are projected to grow, suggesting sustained dividend payments amidst challenges with reliability.
3. Shinsho Corporation (TSE:8075) – Dividend Yield: 4%
– Shinsho Corporation has shown inconsistent dividends over the past decade but is currently trading below its estimated fair value. Concerns about dividend reliability persist, but both earnings and cash flows currently cover the dividends well.
Investors looking for potential income opportunities in the Japanese market may find these dividend stocks worth considering. Explore the full lineup of 387 Top Dividend Stocks for more options and enhance your investing ability with the Simply Wall St app for personalized updates on your portfolio’s performance.
